Needham Maintains Buy Rating for Intra-Cellular Therapies: Here's What You Need To Know

Needham has decided to maintain its Buy rating of Intra-Cellular Therapies ITCI and raise its price target from $70.00 to $73.00.

Shares of Intra-Cellular Therapies are trading up 2.3% over the last 24 hours, at $64.94 per share.

A move to $73.00 would account for a 12.41% increase from the current share price.

About Intra-Cellular Therapies

Intra-Cellular Therapies Inc is a biopharmaceutical company that develops novel drugs for treating diseases of the central nervous system. The company is focused on the delivery and clinical development of small-molecule drugs that address needs in neuropsychiatric and neurological disorders. Intra-Cellular maintains proprietary chemistry platforms to develop drugs for neurodegenerative diseases. The company's business segment is discovering and developing drugs for the treatment of neurological and psychiatric disorders.

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: Analyst RatingsBZI-AAR-UPDATE
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